$JCT is confirming a massive breakout as aggressive buying volume triggers a trend reversal.
LONG $JCT
Entry: 0.00505 - 0.00510
S.L: 0.00475
TP 1: 0.00545
TP 2: 0.00555
Full tp: 0.00567
Thesis:
Bottom Base Breakthrough: Price completed a long consolidation structure after successfully creating a macro support floor around the 0.003867 level.
V-Shape Volume Surge: Impulsive green candles on the 1h chart show strong bull momentum expanding rapidly past previous local resistance zones.
LONG $JCT
Entry: 0.00505 - 0.00510
S.L: 0.00475
TP 1: 0.00545
TP 2: 0.00555
Full tp: 0.00567
Thesis:
Bottom Base Breakthrough: Price completed a long consolidation structure after successfully creating a macro support floor around the 0.003867 level.
V-Shape Volume Surge: Impulsive green candles on the 1h chart show strong bull momentum expanding rapidly past previous local resistance zones.